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USA Entertainment pandemic 2020 Music USA

Spotify Kicks Off an Earnings Season Like No Other: What to Watch for as Music Biz Lays Out Pandemic's Impact

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Billboard will thoroughly cover both). In particular, the key metric is actual subscriber growth compared to the company's earlier forecasts of 133 million to 138 million.

An uptick in churn and a slowdown in first-time subscribers could put Spotify at the low end of the range. Another metric to watch is full-year guidance of 143 million to 153 million subscribers: a fall in the forecast indicates that Spotify believes the pandemic's effects will last longer than it predicted three months ago.When Spotify released first-quarter earnings on May 1, Europe was more than two months into the pandemic and the United States economy had been in a tailspin for six weeks.

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USA Entertainment pandemic 2020 Music
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